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National market update

Buyer Interest Remains Solid as Inventory Shrinks

WASHINGTON (July 19, 2012) Lawrence Yun, National Association of REALTORS® chief economist, said "Despite the frictions related to obtaining mortgages, buyer interest remains solid. But inventory continues to shrink and that is limiting buying opportunities. This, in turn, is pushing up home prices in many markets.” More...Read more

April Existing-Home Sales Up, Prices Rise Again

WASHINGTON (May 22, 2012) – Existing-home sales rose in April and remain above a year ago, while home prices continued to rise, according to the National Association of Realtors®. The improvements in sales and prices were broad based across all regions. More...
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National housing indicators

Existing home sales ()

4.37 million units*

Existing home median price ()

$189,400

Housing Starts ()

760,000 units*

New home sales ()

National economic indicators

Home ownership

1st Qtr 12

65,4%

1st Qtr 11

66.4%

The homeownership rate in the first quarter 2012 (65.4 percent) was lower than the first quarter 2011 rate (66.4 percent). The homeownership rates in the Northeast, Midwest, South, and West were lower than the corresponding first quarter 2011 rates.

New home sales

June 12

-8.4%

May 12

+6.7%

Sales of new single-family houses in June 2012 were at a seasonally adjusted annual rate of 350,000. This is 8.4 percent (+/- 12.4%)* below the revised May 2012 estimate of 382,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Peter Johnson, Century 21 Realty Partners

Montgomery County Single Family Home Sales fell in Jul 017 with 1,018 Homes Sold VS 1,154 in Jun 017 or (-13%). Average single family home prices fell (+0.6%) or $312,737 in Jul 017 VS $314,649 in Jun 017. Inventories (listings) fell in Jul 017 VS Jun 017. Rentals were up (see link)
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The Houston single family Housing and Rental Market was dealt with a heavy blow in Aug. due to hurricane Harvey but the year 2017 continues to outpace 2016's record performing year. (see Link). New Jobs are credited for this upswing
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Houston Single Family home sales fell (-20.4%) in Aug 017 with 5917 sold vs 7,440 sold in Jul 017. Average home prices fell (-0.9%) in Aug 017 to $296,418 VS $299,131 Jul 017. Rentals and listings (inventory) was mostly flat in Aug. 017. The average monthly rental rates rose to $1,857 in Aug
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Stay Cool 9 Ways When Paying Your Energy Bill

Bakerate's Lora Shinn says, "Heating and air conditioning your home take a 43 percent bite from your monthly utility bill, according to the U.S. Department of Energy." More...
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Home Fix-Ups More Popular Than Upgrades

Home owners are remodeling more often to repair and replace what’s old and worn out on their homes rather than upgrading. More...Read more

Bathroom Storage: Smart Ways to Stow More

Desperately seeking storage in your bathroom? Here’s some clever, inspiring ways to find the proper place for everything and turn your bathroom into the soothing, well-managed spa of your dreams. More...Read more

Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, realtor.com® local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.

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